19 July, 2016

Brazil’s new government imposes water privatisation in Rio to pay for Olympic Games

A
few weeks after the May coup against Dilma Rousseff by conservative
parties backed by the country's largest corporations, Brazil's
“interim” government, led by Michel Temer, signed an emergency
loan to the State of Rio de Janeiro to help finance infrastructure
for the 2016 Olympics – in particular for a subway line connecting
the sports venues. The bailout was conditional to selling off the
State's public water supply and sanitation company, the Companhia
Estadual de Águas e Esgotos (Cedae)